Office Building with Second-Floor
For Sale
$999,995
5748 Boat Club Road, Fort Worth, TX 76179
CommercialSale, Fort Worth, TX
Property Size3,759 SF
Lot Size0.12 Acres
Price / SF$266.67
Days on Market87
Property Features for 5748 Boat Club Road
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Commercial
Parking features
Open, Assigned, Parking Lot
Security features
Security
Accessibility
Accessible Approach with Ramp
Subdivision
Pinion Park
Directions
From 820, take 199 to Boat Club Road. North on Boat Club. Property will be on your right.
Standard status
Active
APN
41337727
Size
3,750 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Description
PINION PARK BLOCK 1 LOT 11A3A
Tax Annual Amount
17972
Legal Description
PINION PARK BLOCK 1 LOT 11A3A
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
2007
Floors in Building
2
Number of units
1
Flooring type
Tile, Hardwood
Building materials
Brick
Roof type
Composition
Listing Agency:
BHHS Premier Properties
(817) 806-4100
Listed By:
Jennifer Franke · License #0620184
(817) 806-4100
Added: Jun 8
Changed: Aug 31
Last Checked: Sep 2 at 4:06AM
MLS# 21149965
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2007 commercial condominium is a brick office building with finished interior space arranged for professional use. The layout includes several private offices, a reception and waiting area, boardroom, storage, and shared functional areas, along with a second-floor office or call-center area. Tile and hardwood flooring are installed throughout, with central electric heating and cooling. An accessible approach with ramp supports entry, and the property includes both assigned and open parking in a parking lot.
The building is positioned along Boat Club Road in Fort Worth, east of Lake Worth and the Fort Worth Nature Preserve, with access to Loop 820 approximately six minutes away. Public water and sewer serve the property, and the roof is composition shingle. The full condominium building is offered for sale.
The building is positioned along Boat Club Road in Fort Worth, east of Lake Worth and the Fort Worth Nature Preserve, with access to Loop 820 approximately six minutes away. Public water and sewer serve the property, and the roof is composition shingle. The full condominium building is offered for sale.
Key Highlights
- 2007 brick commercial condominium with finished office space
- Layout includes private offices, reception‑waiting area, boardroom, storage, and shared areas
- Second‑floor office or call‑center area
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$59,231
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.92%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,184,620
$1.2M
Cap Rate 7%
$846,157
$846.2K
Cap Rate 9%
$658,122
$658.1K
Market Conditions
NOI Build-Up for 3,750 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$101.3K $27.00/SF
− Vacancy
−$22.3K −$5.94/SF
EGI
$79.0K $21.06/SF
− OpEx
−$19.7K −$5.27/SF
NOI
$59.2K $15.80/SF
Area
ZIP 76179
Vacancy
22.00%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,184,620
Cap Rate 7%
$846,157
Cap Rate 9%
$658,122
Alternative Uses
Best Use
Office B
$846.2K
$740.4K – $987.2K
NOI $59,231 @ 7.0% cap · market cap 5.92%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$4.48M
$3.92M – $5.22M
NOI $313,277 @ 7.0% cap · market cap 31.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
90
Businesses Nearby
Explore this area
Business Placement
Demographics for 76179, TX
68,333
Population
26,227
Households
2.6
Avg Household Size
34
Median Age
31%
College-Educated
92%
High-School Grad
51.9 sq mi
ZIP Area
1,317
Density / Sq Mi
$108,428
Median Household Income
$53,878
Median Earnings
$1,840
Median Rent
$299,300
Median Home Value
Market
Vacancy Rate% for Office in Fort Worth, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Brick commercial condominium with private offices, reception space, a boardroom, storage, and reserved parking.
Where is this office building located?
The property is located at 5748 Boat Club Road Fort Worth, TX.
What is the asking price?
The asking price for this property is $999,995.
What are key features of this property?
This property features: 2007 brick commercial condominium with finished office space; Layout includes private offices, reception‑waiting area, boardroom, storage, and shared areas; Second‑floor office or call‑center area
